The SETA in compliance to Grant Regulations must allocate grants to companies that submitting Workplace Skills Plan (WSP) and Annual Training Report (ATR). The SETA processes and remit Mandatory Grants payments to companies fully compliant with grant regulations and TETA policies. Successful applicants (Employers) receive 20% of the total levies paid by the organisation for the financial year.
Levies collected from Employer’s 1% skills development levy payable to SARS are utilised to achieve the SETA’s mandate:
Mandatory grant payment schedule
|Planned Disbursement Dates||In respect of levies received from SARS for|
1 April to 30 June
1 July to 30 September
1 October to 31 December
1 January to 31 March
The Indicium Skill Module (click to open the system) open annually from 1 February to 30 April to allow companies to submit their applications for Mandatory Grants.